S Co. Pvt.

ltd
Charts of Accounts
Account Categories Sub-Accounts Label FS Label FS individual accounts
Asset Non Current assets Balance sheet Cash
Liabilities Current assets Balance sheet Equity
Equity Non Current liabiliti Balance sheet Bank
Expenses Current liabilities Balance sheet Inventory
Reevenue Equity Balance sheet Mega Marts- Vendor
Expenses Income statement Sales
Revenue Income statement Mr. Rehman - Customer
Office supplies
Entertainment Expenses
Asset-Computer
Salaries
Rental Expenses
Cost of Goods Sold
Tax
Government
Sub Accounts
Current assets
Equity
Current assets
Current assets
Current liabilities
Revenue
Current assets
Expenses
Expenses
Non Current assets
Expenses
Expenses
Expenses
Expenses
Current liabilities
S Co Pvt.Ltd
General Entries
For the year March 2024
Date Narrative Accounts Debit Credit
1-Jul-23 Established business Cash 5,000,000
1-Jul-23 Established business Equity 5,000,000
5-Jul-23 Inventory Purchased Inventory 7,500,000
5-Jul-23 Inventory Purchased Mega Marts- Vendor 7,500,000
7-Jul-23 Inventory Purchased Inventory 500,000
7-Jul-23 Inventory Purchased Cash 500,000
10-Jul-23 Inventory Sold Mr. Rehman - Customer 400,000
10-Jul-23 Inventory Sold Inventory 400,000
14-Jul-23 Inventory Sold Cash 1,900,000
14-Jul-23 Inventory Sold Sales 1,900,000
15-Jul-23 Inventory Adjustment Cost of goods sold 290,000
15-Jul-23 Inventory Adjustment Inventory 290,000
15-Jul-23 Inventory Adjustment Cost of goods sold 200,000
15-Jul-23 Inventory Adjustment Inventory 200,000
16-Jul-23 Expenses Office supplies 45,000
16-Jul-23 Expenses Bank 45,000
18-Jul-23 Entertainment Expenses Entertainment Expenses 70,000
18-Jul-23 Entertainment Expenses Bank 70,000
27-Jul-23 Computer Purchased Asset-Computer 250,000
27-Jul-23 Computer Purchased Bank 250,000
1-Aug-23 Salary Paid Salaries 110,000
1-Aug-23 Salary Paid Bank 110,000
2-Jul-23 Rent Paid Rental Expenses 35,000
2-Jul-23 Rent Paid Bank 35,000
2-Aug-23 Tax Working Tax 345,000
2-Aug-23 Tax Working Government 345,000
2-Aug-23 Deposit Cash Bank 1,500,000 0
2-Aug-23 Deposit Cash Cash 1,500,000
S Co. Pvt.Ltd
General Ledger
Data
Accounts Sum of Debit Sum of Credit
Asset-Computer 250,000 This shape represents a slicer.
Slicers are supported in Excel
Bank 1,500,000 510,000 2010 or later.
Cash 6,900,000 2,000,000
Cost of goods sold 490,000 If the shape was modified in
Entertainment Expenses 70,000 an earlier version of Excel, or
Equity 5,000,000 if the workbook was saved in
Government 345,000 Excel 2003 or earlier, the
slicer cannot be used.
Inventory 8,000,000 890,000
Mega Marts- Vendor 7,500,000
Mr. Rehman - Customer 400,000
Office supplies 45,000
Rental Expenses 35,000
Salaries 110,000
Sales 1,900,000
Tax 345,000
Total Result 18,145,000 18,145,000
 ents a slicer.
rted in Excel

modified in
of Excel, or
was saved in
rlier, the
sed.
S Co Pvt.Ltd
Trial Balance
Data Sub Accounts
Accounts Sum of Debit Sum of Credit Non Current assets
Asset-Computer 250,000 Current assets
Bank 1,500,000 510,000 Current assets
Cash 6,900,000 2,000,000 Expenses
Cost of goods sold 490,000 Expenses
Entertainment Expenses 70,000 Equity
Equity 5,000,000 Current liabilities
Government 345,000 Current assets
Inventory 8,000,000 890,000 Current liabilities
Mega Marts- Vendor 7,500,000 Current assets
Mr. Rehman - Customer 400,000 Expenses
Office supplies 45,000 Expenses
Rental Expenses 35,000 Expenses
Salaries 110,000 Revenue
Sales 1,900,000 Expenses
Tax 345,000
Total Result 18,145,000 18,145,000
FS mapping
Balance sheet
Balance sheet
Balance sheet
Income statement
Income statement
Balance sheet
Balance sheet
Balance sheet
Balance sheet
Balance sheet
Income statement
Income statement
Income statement
Income statement
Income statement
S Co. Pvt Ltd
Income statement for the period ending 31st March 2024
Amount (PKR)
Sales
Cost of goods sold -490000

Gross Profit Margin

Operating Expenses
Office supplies -45000
Rental Expenses -35000
Salaries -110000
Entertainment Expenses -70000
-260000
Operating Profit
Tax -345000
Net Profit
Amount (PKR)
1900000

1410000

1150000

805000
S Co.Pvt Ltd
Balance Sheet as at 31st March 2024
FSLI Amount (PKR)
Non Current & Current Assets
Asset-Computer 250,000
Current Assets
Bank 990,000
Cash 4,900,000
Mr. Rehman - Customer 400,000
Inventory 7,110,000
Total Assets
Equity and Liabilities
Equity
Retained Profits
Liabilities
Government
Mega Marts- Vendor
Total Equity and Liabilities
Amount (PKR) Total

250,000

13,400,000
13,650,000

5,000,000
805,000 5,805,000

345,000
7,500,000
7,845,000
13,650,000